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Dec 6, 2012
12/12
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KRCB
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traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen levels this thursday morning. taking a look at other markets in the asia-pacific, south korea's companiespy is 1949. let's take a look at australia. the benchmark index is lower by about.25%, 4508. let's see where china takes us when they open the next hour. >>> european commission regulators have imposed a fine worth almost $2 billion for running two price-fixing cars sells. they say it's the highest-ever anti-trust penalty in their history. the commission leaders said they fined six companies a total of $1.47 billion euros for anti-competitive behavior. the firms are panasonic and toshiba, samsung sdi and lg electronics, phillips and technicolor. they say the officials of those companies me
traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen levels this thursday morning. taking a look at other markets in the asia-pacific, south korea's...
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155
Dec 4, 2012
12/12
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CNBC
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president obama meanwhile will meet with some of the nation's governors to talk about the cliff, growth and deficit reduction. and oracle puts the pedal to the metal, the company accelerates difference denied payments and larry ellison is the big winner. it's tuesday, december 4th, 2012, "squawk box" begins right now.
president obama meanwhile will meet with some of the nation's governors to talk about the cliff, growth and deficit reduction. and oracle puts the pedal to the metal, the company accelerates difference denied payments and larry ellison is the big winner. it's tuesday, december 4th, 2012, "squawk box" begins right now.
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Dec 5, 2012
12/12
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KQED
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the nation's governors met with president obama today about what they need to see in a fiscal cliff deal. we talk with delaware governor jack markell. >> susie: i'm susie gharib. a coalition of the nation's top c.e.o.s is feeling pessimistic about getting a fiscal cliff deal.
the nation's governors met with president obama today about what they need to see in a fiscal cliff deal. we talk with delaware governor jack markell. >> susie: i'm susie gharib. a coalition of the nation's top c.e.o.s is feeling pessimistic about getting a fiscal cliff deal.
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to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good call on the housing stocks, and they outran their valuations on a short to intermediate-term basis. they downgraded them about two months ago. liz: okay, so where's the money? show it to us. >> i like just about everything except consumer staples. i think industrials look good, i think they are the new consumer staples. i think that consumer staples are the new investment vehicles of utility investors -- liz: and you like american tower, sba communications, you know, i just wonder why specifically that? is it sort of the cycle that you expect? we'll have a coiled spring from people holding back from spending? >> no. eventually, your computer's going to be in your cell phone or your quite, and you need -- your device, and yo
to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good call on the housing stocks, and they outran their valuations on a short to intermediate-term basis. they downgraded them about two months ago....
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Dec 5, 2012
12/12
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CNBC
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fiscal cliff negotiations appear to be going nowhere. today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
fiscal cliff negotiations appear to be going nowhere. today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
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Dec 7, 2012
12/12
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CNBC
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president obama and boehner spoke by phone on wednesday and promised to renew the negotiations. hurricane sandy expected to put a big dent in the u.s. jobs report out at 8:30 eastern. nonfarm payrolls are forecast to have risen just 80,000, versus 171,000 in october. it would be the smallest job growth in five months. sandy which truck strustruck at of october battered the east coast, but economists expect a snap back in december. unemployment forecast to hold steady at 7.9%. and besides the jobs report, other items on the agenda in the united states, two other pieces of economic data, the first is the read on december consumer sentiment, due out at 9:55 eastern. forecasts call for sentiment to slip to 82 this month down nearly three months from november. and at 3:00 p.m., we get october consumer credit. as far as futures right now ahead of that report, they are called for slightly downward start to u.s. programming. right now the dow is some 12 points below fair value. the nasdaq is currently gist over three points below fair value and s&p 500 about one point below. todd horowi
president obama and boehner spoke by phone on wednesday and promised to renew the negotiations. hurricane sandy expected to put a big dent in the u.s. jobs report out at 8:30 eastern. nonfarm payrolls are forecast to have risen just 80,000, versus 171,000 in october. it would be the smallest job growth in five months. sandy which truck strustruck at of october battered the east coast, but economists expect a snap back in december. unemployment forecast to hold steady at 7.9%. and besides the...